Land and Buildings Transaction Tax (Scotland) Act 2013 section Schedule 10A paragraph 8

Definitions for sub-sale development relief

Schedule 10A paragraph 8 provides the definitions of key terms used in paragraph 7, which sets out the conditions for sub-sale development relief relating to agricultural land, buildings and industrial buildings.

• "Agricultural" means land used for farming purposes, broadly defined to include horticulture, dairy farming, livestock, grazing, market gardens, nursery grounds and ancillary woodland.
• "Building" takes its meaning from section 55 of the Building (Scotland) Act 2003.
• "Industrial building" covers buildings used for trades carried on in factories, mills, laboratories, dock undertakings, hotel-keeping and airport operations (where the airport mainly handles passenger or cargo flights for hire or reward).
• These definitions determine what types of property and land use qualify when applying the sub-sale development relief provisions.